Over the past week, the BNB/USDT pair has exhibited notable volatility. Starting at approximately $680, BNB reached a high of $749.20 before experiencing a correction. As of January 8, 2025, BNB is trading around $698.95, reflecting a slight decrease from its weekly peak.
Technical analysis indicates that BNB is consolidating near the $700 resistance level. A breakout above this threshold could signal further upside potential, with targets at $749.20 and $793.86. Conversely, failure to surpass $700 may lead to a retracement toward the $680 support zone.